Walker River Resources (TSXV:WRR) ROCE % : -8.43% (As of Feb. 2024)

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What is Walker River Resources ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Walker River Resources's annualized ROCE % for the quarter that ended in Feb. 2024 was -8.43%.

Walker River Resources ROCE % Historical Data

The historical data trend for Walker River Resources's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Walker River Resources ROCE % Chart

Walker River Resources Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

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-26.59

-13.74

-6.98

-18.52

-9.79

Walker River Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-11.48	-12.11	-6.28	-9.76	-8.43

Walker River Resources ROCE % Calculation

Walker River Resources's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-0.826	/	( ( (8.894 - 0.484)	+	(9.022 - 0.559) )	/ 2 )
	=	-0.826	/	( (8.41	+	8.463)	/ 2 )
	=	-0.826	/	8.4365
	=	-9.79 %

Walker River Resources's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.712	/	( ( (9.022 - 0.559)	+	(8.891 - 0.465) )	/ 2 )
	=	-0.712	/	( ( 8.463	+	8.426 )	/ 2 )
	=	-0.712	/	8.4445
	=	-8.43 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Walker River Resources (TSXV:WRR) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Walker River Resources ROCE % Related Terms

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Walker River Resources (TSXV:WRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Walker River Resources Corp (TSXV:WRR) » Definitions » ROCE %

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WRRZF:USA 1WV0:Germany

Address

1130 West Pender Street, Suite 820, Vancouver, BC, CAN, V6E 4A4

Website

https://www.wrrgold.com

Walker River Resources Corp is engaged in the process of identification, evaluation, exploration, and acquisition of mineral properties. Its projects include the Lapon Canyon Gold project in Nevada.

Executives

Eric Falardeau

Director

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